Pivot: 51
Our preference: Short positions below 51 with targets @ 48.9 47.65 in extension.
Alternative scenario: Above 51 look for further upside with 52 52.75 as targets.
Comment: The immediate trend remains down and the momentum is strong.
Supports and resistances:
52.75
52
51
49.28 Last
48.9
47.65
46.25
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